Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers Sigma Forex And FXcast


 Compare more forex brokers

Visit Sigma Forex Visit FXcast


Subjective Ratings

Compare Category

Sigma Forex

FXcast

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Zero Execution Rating Three and Half star Execution Rating
Transaction costs (spreads): Five star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Four and Half star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Zero Customer Support Rating Three star Customer Support Rating
Rollover interest rates: Zero Rollover interest rates Rating Four star Rollover interest rates Rating
Withdrawal processing: Zero Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Two and Half star Average Rating Three and Half star Average Rating

Visit Sigma Forex Visit FXcast

Business Details

Compare Category

Sigma Forex

FXcast

 
Registered Business Name: Sigma Forex FXcast, a Surplus Finance S.A. Company
Broker Headquarters: Oslo, Norway Mauritius
Also has offices in: Virtual Office in Zurich, Switzerland Central Europe, Indonesia, China, Middle East, Malaysia, Africa
Regulated By: Unregulated FSC Mauritius under the Financial Services Development Act 2001
In business since year: 2003 2007
Broker Capital as of 02-2009 Unknown Unknown
Client Account Segregation: No Yes, funds held at Pireaeus Bank, Cyprus
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
e-Gold $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
AlertPay $0 1% (min. $8)
c-Gold $0 1% (min. $8)
CC by Moneybookers 2% 2%
Liberty Reserve $0 1% (min. $8)
MasterCard 5.5% Withdraw to bank acc
Moneybookers $0 1% ($8 min.)
Perfect Money $0 0.5% (min. $8)
Solid Trust Pay $0 1% (min. $8)
StrictPay $0 1% (min. $8)
Visa 5.5% Withdraw to bank acc
WebMoney $0 $5
Wire Transfer $0 1.5% ($30-$65)
Main liquidity providers: Private investors Unknown

Visit Sigma Forex Visit FXcast

Trading Details

Compare Category

Sigma Forex

FXcast

 
Browser platform: None None
Downloadable platform: Metatrader 4 (MT4) FXcast MetaTrader 4 (MT4)
Mobile platform: None FXcast Metatrader 4 (MT4) Mobile
Phone dealing: No No
Order processing: Market Maker Market Maker or Straight-Through Processing based on lots traded and risk profile as determined by FXcast risk server
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
No Dealing Desk Account 500:1* $2,000/unlimited $1,000/$50,000,000
Dealing Desk Account 500:1* $500/unlimited $1,000/$50,000,000
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Standard Account 400:1 $10/unlimited 1,000/5,000,000
Swap-free accounts   - All accounts are swap-free   Swap-free accounts incur a $0.05 fee per 1,000 unit round-turn trade.
Tradeable Instruments: 26    36   
No Dealing Desk Execution: Apparently available, but maybe misleading information Available
Typical spread on EUR/USD: 1 pip (0.0001) 2 pips (0.0002)
Fixed spreads: No Yes
Guaranteed stop losses? No Yes - all limit orders experience NO slippage
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes Yes
Automated Trading: Yes, on MT4 Yes
Trading Hours: Sunday 24:00 GMT to Friday 24:00 GMT Sunday 11:00 p.m. GMT and end each Friday 11:00 p.m.
Timezone GMT GMT
Scalping allowed: No No
Account currencies available: AUD, CHF, EUR, GBP, USD EUR, USD
Platform languages: Arabic, Bulgarian, Chinese, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish Arabic, Chinese, Croatian, English, French, German, Indonesian, Malay, Portuguese, Russian
Support languages: English Chinese, English, French, German, Indonesian, Malay, Portuguese, Russian, Spanish
Demo account: 30 days 4 weeks
Live chat support: Yes, but very poor Yes - during trading hours
Interest on Margin: No No
Promotions & tournaments: Win a $50 account if you predict price. Trading tournaments also available. On-going tournaments - visit site for details.

Visit Sigma Forex Visit FXcast


Bookmark and Share